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Released June 26, 2013 | PERTH, AUSTRALIA
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Researched by Industrial Info Resources Australia (Perth, Australia)--Tasmanian Gas Pipeline Pty Limited (Hobart, Australia) is offering its available storage and transportation capacity to interested parties at a time when many industry insiders are foreseeing domestic gas shortages and increasing prices.
The Tasmanian Gas Pipeline (TGP) is the link between the Victorian Gas Network and the island state of Tasmania. It transports gas from the Longford Gas Plant in Victoria to Tasmania, via a subsea and onshore gas pipeline that is about 460 miles (740 kilometers) long.
The pipeline was commissioned in 2002. It supplies Tamar Valley power stations, the Grange Resources Iron Ore processing facility, the Comalco aluminium smelter and the Tas gas distribution networks. The pipeline and the associated assets are managed and operated by OSD Asset Services (OSD) (Melbourne, Australia) on behalf of Tasmanian Gas Pipeline Pty Limited. OSD is an engineering, operations and training services provider that specializes in all aspects of pipelines and pipeline facility design.
With more than 150 terajoules of firm, on-demand storage available, the Tasmanian Gas Pipeline provides operational flexibility that surpasses the more traditional current storage options available. Currently, the Victorian natural gas market is limited in its storage options to liquefied tank facilities and large underground gas storage reservoirs. Both of these options require the natural gas to be pumped into the storage facility and then withdrawn through a complex and time-consuming process. In some instances, the time required to get the gas out of such a facility is more than 24 hours, which reduces the opportunity to leverage off gas storage at times of peak demand.
In addition to the benefit of supplying Tasmania with piped natural gas, the Tasmanian Gas Pipeline's interconnection with the Eastern Gas Pipeline and the Victorian Gas Network offers the opportunity for gas to be stored in the Tasmanian Gas Pipeline and injected back into the mainland network at times of peak demand.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, and eight offices outside of North America, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities.
The Tasmanian Gas Pipeline (TGP) is the link between the Victorian Gas Network and the island state of Tasmania. It transports gas from the Longford Gas Plant in Victoria to Tasmania, via a subsea and onshore gas pipeline that is about 460 miles (740 kilometers) long.
The pipeline was commissioned in 2002. It supplies Tamar Valley power stations, the Grange Resources Iron Ore processing facility, the Comalco aluminium smelter and the Tas gas distribution networks. The pipeline and the associated assets are managed and operated by OSD Asset Services (OSD) (Melbourne, Australia) on behalf of Tasmanian Gas Pipeline Pty Limited. OSD is an engineering, operations and training services provider that specializes in all aspects of pipelines and pipeline facility design.
With more than 150 terajoules of firm, on-demand storage available, the Tasmanian Gas Pipeline provides operational flexibility that surpasses the more traditional current storage options available. Currently, the Victorian natural gas market is limited in its storage options to liquefied tank facilities and large underground gas storage reservoirs. Both of these options require the natural gas to be pumped into the storage facility and then withdrawn through a complex and time-consuming process. In some instances, the time required to get the gas out of such a facility is more than 24 hours, which reduces the opportunity to leverage off gas storage at times of peak demand.
In addition to the benefit of supplying Tasmania with piped natural gas, the Tasmanian Gas Pipeline's interconnection with the Eastern Gas Pipeline and the Victorian Gas Network offers the opportunity for gas to be stored in the Tasmanian Gas Pipeline and injected back into the mainland network at times of peak demand.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, and eight offices outside of North America, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities.
